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HomeMy WebLinkAboutBBVA COMPASS BANK NATIONAL HILLS EXCHANGE QUIT CLAIM DEED OF RELEASE p EgROU[ n MA 2010 Book 01270:0339 Augusta - Richmond County 201003 08/09/2010 pp�� [ � 114:339: :35..00 $16.00 QUITCLAIM DEED 1 1/111!111![11111 DiIll Wfl l 4 l 111 2010035235 Augusta - Richmond County PLEASE RETURN TO: J. Noel Schweers III P.O. Box 31390 Augusta, Georgia 30903 STATE OF GEORGIA QUIT -CLAIM DEED OF RELEASE COUNTY OF RICHMOND THIS INDENTURE, made this 3 day of April, 2010 between BBVA Compass Bank, as successor to Guaranty Bank, as party of the first part, and National Hills Exchange, LLC, as party of the second part. WITNESSETH: That the said party of the first part, for and in consideration of the sum of FIVE AND NO /100 DOLLARS ($5.00), and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, has bargained, sold, and by these presents does remise, convey and forever QUIT -CLAIM to the said party of the second part, their heirs and assigns, the real property described on Exhibit "A" attached hereto and by reference made a part hereof. THE purpose of this instrument being to release any right, title and interest to the party of the second party which the party of the first part may have in and to said property including, but no limited to any right by virtue of that certain Deed to Secure Debt and Security Agreement from National Hills Exchange, LLC in favor of Guaranty Bank, now BBVA Compass Bank, dated September 11, 2007, recorded in Book 1142, page 1317, (the "Security Deed "), that certain Assignment of Leases and Rents from National Hills Exchange, LLC in favor of Guaranty Bank, now BBVA Compass Bank, dated September 11, 2007, recorded in Book 1142, page 1368, (the "Assignment"), and that certain UCC Financing Statement indicating National Hills Exchange, LLC as Debtor and Guaranty Bank as Secured Party, now BBVA Compass Bank, recorded on September 13, 2007, recorded in Book 1142, page 1378 (the "UCC "), in the Office of the Clerk of the Superior Clerk of Richmond County Georgia. Except for the release of the herein described property, said Security Deed, Assignment, and UCC shall remain in full force and effect. TO HAVE AND TO HOLD the said described premises to the said party of the second part, so that neither the said party of the first part nor any other person or persons claiming under it shall at any time, by any means or ways, have, claim or demand any right or title to the aforesaid described premises or appurtenances, or any rights thereof. IN WITNESS WHEREOF, the party of the first part has caused this instrument to be executed by its duly authorized officers who affixed the corporate seal as of the day and year first above written. Signed, sealed and delivered in our presence BBVA Compass Bank, as successor to in ,c1-- ,e -NS•. County, Guaranty Bank �.- B _ I Witness I�i/P •. - 711 . *Us its: = esident ANK SEAL) Notary Public, County of , State of My commission expires: 8 ' VaN' (SEAL) � +i4 a � 4 �? 0 TAR y � ytC� �s 3 • • Comm. E %A• GEO G1 3 Exhibit "A" All that lot, tract or parcel, of land, together with improvements thereon, if any, lying, being, and situate in the State of Georgia, County of Richmond, being designated as "TRACT B" containing 0.06 of an acre as shown of a plat prepared by Cranston Engineering Group, P.C., dated March 19, 2010, a copy of which is recorded simultaneously herewith in Book (p , page _±±0_, , in the Office of the Clerk of Superior Court of Richmond County, Georgia, reference being made to said plat for a more complete and accurate description as to metes, bounds, courses, locations and distances of said property. Portion of Tax Map Parcel Number: Ql? - 3 - Qq 1 '310-0